London Biggin Hill airport goes green with a six-figure funding package from HSBC UK
London Biggin Hill Airport has secured a finance package from HSBC Equipment Finance (UK) Ltd to support the purchase of two hydro treated vegetable oil (HVO) fuel fire engines for its airport rescue and fire service.
The low carbon, low emission and fossil-free vehicles will produce 90 per cent less carbon dioxide than diesel, reducing the airport’s carbon footprint by 111.35 tonnes of equivalent CO2 annually.
The new fire engines are safer to use because of the reduced manual handling and quicker response time. In addition, they have faster pumps, which use an environmentally friendly fluorine-free foam concentrate.
Colin Hitchins, Head of Corporate Social Responsibility, at London Biggin Hill Airport, commented: “The new HVO fuel fire engines are just one of many initiatives that we’ve introduced to reduce our CO2 emissions. With the support of HSBC UK, we are on track to meet the Airports Carbon Accreditation by obtaining 100 per cent of our energy from renewable sources by 2029.”
Sarah Stuckey, Relationship Director at HSBC Equipment Finance (UK) Ltd added: “HSBC UK is committed to supporting its customers’ transition along their ESG journeys. This funding presents an excellent opportunity for the business to reduce its carbon emissions while making the environment safer for the Rescue and Fire Service Team.”
In February 2022, London Biggin Hill Airport received independent verification as part of the Airport Carbon Accreditation programme in recognition of its work reducing environmental impact. As part of its ongoing commitment in this area, London Biggin Hill Airport is also introducing solar panels and has a green electricity energy tariff, aiming to reduce its carbon footprint by 55 per cent.
This deal was supported by Ian Scott, HSBC Bank Plc Relationship Director.
About HSBC UK
HSBC UK serves over 14.75 million customers across the UK, supported by 24,000 colleagues. HSBC UK offers a complete range of retail banking and wealth management to personal and private banking customers, as well as commercial banking for small to medium businesses and large corporates.
HSBC Holdings plc
HSBC Holdings plc, the parent company of HSBC, is headquartered in London. HSBC serves customers worldwide from offices in 63 countries and territories in its geographical regions: Europe, Asia, North America, Latin America, and Middle East and North Africa. With assets of $2,992bn at 30 September 2022, HSBC is one of the world’s largest banking and financial services organisations.